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with rick and john and elizabeth and steve; steve, are government subsidies a bad thing? >> absolutely, dave. it turned a catapult of college in an albatross. tuition is four times therate of inflation balse of subsidies and making killeds indentured -- kids indentured services. it is horrible. >> they come out of college with huge debts and can't get a job with a college degree. >> there is it a lot of things to be concerned about. i have to tell you, i find the question profoundly troubling. it leads to one answer. that is to say if you don't have money in the country, you shouldn't b able to go to college. how do you go to college if you don't have money? subsidies make money available for deserving killeds to go -- kids to go to school. >> if you can't get a job and end up with 20 or 30 or 40 thousand or more is it worth it? >> that is the same question that human resources departments are asked. do we want more experience in the workplace or blue-chip pen that is overpriced. this is it circular problem. government subsidies means and universities hire more administrative staff. they out
insider trading investigation of steve cohen. charlie gasparino. >> talk about breathless intros. liz: we're excited here. >> you know, listen, they've been looking at steve cohen since 07. we should point out that's when he kind of first got on the fbi's radar screen. the fbi agent who helped try to develop a case against him. he's actually the fbi agent who got the sort of court order -- not the sort of -- the court order to bug steve cohen's home which we were first to report here on fox business network. i think he did that in 08. they have narrowed the cases -- there's been many -- lots of insinuation and fishy trades that look like possible inside information trading before material events. they've narrowed it down to obviously this one case involves martoma -- liz: former trader. >> basically telling steve cohen something. they had a phone call about why he was buying and selling the shares of two drug company stocks. he's been indicted because he got insider information from a doctor; right? now the question is will cohen be indicted based on that phone call? here's what i know, i
for former spokesperson for president george w. bush and steve camerota, center for immigration studies. what do you think about this idea that immigration reform would help reduce the deficit. do you buy that? >> you know, ieally don't. not under president obama and his sort of spend habits. but what i do think is goi to happen when you look at congress, they're going to view this immigration reform package and figure out a way, they will need to figure out a way to make it as revenue neutral as possible or reduce deficits. there will be a cost associated with implementing any form of this immigration reform. in 2006 we saw the cbo came out saying that the plan that president bush had proposed was going to basically raise e deficit $18 billion. but again, there will be questions that need to be hammered out with the deils of an immigration reform package. melissa: christian, it is so hard to quantify what this really means. if you make more immigrants legal, that is more stress on the system. they will use more social services but it is also a higher tax base. how do you think it net as it n
then the better we all are. better we all are. john: nick gillespie how you doing? my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food bank. john: that is mixed martial arts is fighting and you have to be good at all martial arts. so is boxing and football but in your can to netiquette it those are legal but mixed martial arts is banned i could watch boxers smash each other in the face or fake wrestling when people do croupier things and some hired help is out of control. >> i think it is fake. >> is that fake? john: years ago when he took offense when i said it is they can beat me up but i understand why violent fait wrestling or mixed martial arts is
of this private company but i do think this is his second act, right? ashley: yeah. >> steve jobs had a second act. i think this is dell's second act. first was pcs. and he wants to make it work in enterprise and the cloud and i think this is his opportunity. ashley: if he could do what steve jobs did he would be very popular up deed. brian white, thanks so much for joining us. we appreciate it. >> thanks a lot, bye. tracy: all right. we have a news alert for you. moments ago president obama pressing congress to avoid a way avoid automatic spending cuts that go into effect but he admitted he may not be able to uphold his end of the bargain. >> i know that a full budget may not be finished before march 1st. and unfortunately that is the date when a series of harmful automatic cuts to job creating invests and defense spending also known as the sequester, are scheduled to take effect. tracy: that budget was originally due on february 4th. we're a little late as it is. ashley: yesterday. tracy: and the congressional budget office says the federal deficit will fall to $845 billion this fiscal year. tha
lowest price car they have ever offered. with us now, president and ceo of mercedes-benz u.s.a. steve, i should mention, of course, this super bowl is going to be in mercedes-benz superdome , so congratulations on that. let's talk about this new car, that is all about the new car. the price of the car is under $30,000. this is a first for mercedes-benz. are you at all worried about diluting the brand? >> we are not worried at all. in fact, this the l.a. that we are launching at the super bowl absolutely delivers on the mercedes-benz brand promise. so it really is about delivering the right car at the right price. we use the super bowl because we're opening the brand. that is pretty much allow price, so we look at it not as diluting the brand, but opening up the brand and making it accessible to a larger audience. liz: here it is. the devil is offering him the car, and all of it would come with it. the red carpet, the hot babe, the experience, the stardom, the celebrity, and he can send the pen with his long fingernails. of course playing the devil, and then truly that moment where the bi
connectionincre. could this raise unemployment? with me to crunch the numbers, welcome to the show, steve. now, this is my reaction of raising the minimum wage, which sounds great, raise wages for workers b u feel, you know, places only have a certain amount of income to spend on labor, and they'll fire workers or raise the prices; right? >> it's one of the most studied issues in the world economically, and the vast majority of studies show when you raise minimum raise, you destroy low wage jobs, mostly for teenagers, and the reason you do that, of course, is because government can tell a business you need to raise, you know, your rates, but it can't -- they are not giving them the money to do it. the money comes from somewhere. melissa: not out of thin airment for example, we went ahead to crawnch the number, the example of mcdonald's, a place where you see minimum wage in effect. looking at maryland. maryland is a place they want to raise it dire straights $2.75. that's considered. >> that's a lot. melissa: yeah, that's a lot. we crunched through all the numbers. if you had to do that per ho
,000 in damages. fox news is following the story, steve, give us the latest here. >> water front mansion, worth $2.5 million where a brazil nan national squatted with seven other people for the past two months. now, 1 p.m. yesterday, police swarmed the scene here, looking for him, who calls himself loki boy on social media. didn't find him, but they found trash, which they pulled out. they have since changed the locks. the neighbors here extremely concerned about having a squatter in their tony naind. some hired their own private security. one woman offered to buy the house away from bank of america, the owner, just to get rid of the squatter. they say now that the situation appears to have been resolved. they are experiences some real relief. >> i think we'll sleep better. i feel like the neighborhood will be quieter, eventually, maybe not today, but maybe tomorrow. >> we're finally relieved we're going to go back to normal. >> as far as the squatter, himself, loki boy, it's not clear where he is. police are not looking for him, and, currently, there's no warrant out for his arrest. melissa: you
being brought in, getting the call steve rattner and your first reaction was what? >> my first reaction was no. i know nothing about cars. i can drive one. i can start one and drive and that's it. liz: why were you the right guy for what is now indelibly marked in our history at a time when general motors almost went entirely under and disappeared? >> i'm not sure i was the right guy but it worked out okay. so maybe i was. but i had worked at a big company. a unionized company. he had worked there a long time. gm was a big company. i knew something about organizations and people. so maybe that's why i got the call. liz: you also two into your early history. that was you grew up thinking you would work for the railroads just like your dad. >> i did. liz: it has been an interesting journey certainly to become one of the top corporate leaders in a free market world and therefore, why did you go along with a government bailout which is the antithesis letting the free market take over in this case? >> well, for a couple reasons. my family had grown up with gm cars. my first car was a chevrol
. it didn't go where we needed it. melissa: steve, this is like you're on the way out the door, and everything's a mess. you just turn and blame someone else, i guess? i can't make sense of this. >> yeah. i think james' last point is a key point. the money didn't go where we needed it. i didn't like the way the stimulus was crafted, but if you were going to spend that money, more of it should have been on actual infrastructure programs which we know that we're going to need to fund at some point. so about $27.5 billion of that total 787 billion went to roads and bridges. there was some other money that went to other kinds of infrastructure projects. but it wasn't really that great a percentage of the original stimulus. i think what ray lahood is lamenting now is that he didn't have even more money to do this because we know that ray lahood is in love with spending on these kinds of projects. remember, he was the secretary who sent back when scott walker sent back money for high-speed rail that wisconsin residents didn't want, ray lahood said, in effect, you're going to take it
the forced educe claimed to get secondary contracts between the school district especially because of steve cook to extend the contract just the of clause for they have to pay the union to extend just those just 10 years as a to do with wages or benefits or working conditions but preventing them from getting right to work rights for tenures. is that good for membership were just that we do everything we can to make sure we get ours? gerri: you are there. is there any reaction inside the union membership? you've got to think people will not like these tactics and that they are being told what to do civic union members feel they are in purgatory. that with two months from now they tried to take that away and extend contracts for a decade. a lot feel the rug has been pulled out from under them. gerri: the impact his economically extends to all states. what if all country was right to work? >> to specifically talk about the 22 states that gave workers freedom, we see higher wage growth and population growth and factor in cost of living, they're actually making more. from the economic standpoint
through, as steve accurately described, a senate that will not be eager to embrace and control the further we get away daughter will be for democrats to push. lou: and the other initiative on the part of the president that he has made a priority, of course, back with comprehensive immigration reform. is there the appetite for this? standing tall as the leading conservative in the gain of eight. but what is the appetite in the senate for comprehensive immigration reform as has been outlined? >> a gross oversimplification of the state of play here in washington. but i think there are basically three groups. there are people who say, look at where we are today. no matter what what we must avoid is being in this position again. we cannot have 12 million or however many illegal immigrants here in the united states. we have to do everything we can to prevent an eventuality. then you have a second group, more bipartisan, and they say we have to deal with what is in front of us, but we should do what we can to avoid being here again, and then you have a third group, and i think the president is, i
's terrible, we need the dough, and they get it. well, steve, it's always a pleasure having you on. come back soon. >> thank you, gerri. >> gerri: i hope you don't get caught in the storm this weekend. >> you too. take care. gerri: thank you. well, one state official witnessing the impact of fema's ineffectiveness firsthand, new jersey state senator joe ca ril close joining me now. you -- >> you said it right. fema's not right. gerri: how is the federal government impacting your area? >> listen, the flood insurance program has been a disgrace as the governor pointed out. i represent the monmouth county bay shore, monoand ocean counties and others around the state. really hard hit. tens of thousands of a people still out of their homes. gerri: people in hotels, this is ridiculous. >> they've got to leave sometimes on weekends because the weddings are booked, and the management kicks them out. so this has been a really -- gerri: you don't think chris christie was out of bounds. >> no, not at all. gerri: so on the one hand he's holding hands with the president, merrily running through new jersey
, especially the school district because steve cook's memo where they are extending the contracts for the security clause to just the clause where the union member has to pay the union and can't exercise their right to work right. extending those clauses up to 10 years and it has nothing to do with wages, benefits or working conditions, simply preventing workers from getting the right to work right for 10 years. and you tell me, is that good for membership are putting the worker first or is that the union saying we want ours and we will do everything we can to make sure we're getting ours before the law goes into effect. gerri: is there any reaction inside the union membership against leadership? you have to think at some point people will not like these kind of tactics. that has to be offputting. >> they saw freedom coming two months from now, and now the unions are trying to take it away and extend those contracts for almost a decade. there is a lot of workers who feel like the rug is being pulled out from under them. gerri: let's talk about the kind of impact right to work can
was known as the guy that was going to replace steve shorts men. he is not going anywhere, so this is what is going on. interesting global blight. black rock -- blackstone. engine private equity firm. let's give back to my other story, which is the banks. lots of investment bankers are telling me if there are board. clear discussions at the board, and dutch soldier at the show that this would be the year you might see a bank break up. it will clearly be -- liz: and i asked because of the time you thought it might be a big u.s. bank that got caught up. it's not me and i have no clue. liz: heated talk about what people are starting to talk about this inside these various. i hear the most likely suspect and where there is some talk is barclays. a huge u.k. bank under lots of trouble. you know, morale is low. an ico. they have been hit on the scandal and other issues. liz: a pretty chart. >> it has been down lately. any event, we should point out it is an ugly charge is the fun is a crisis. liz: isn't everything? >> no. goldman is doing better, some of the big u.s. banks are doing better, but
of a mid-range iphone. david: but in pursuit of that mid-range, which of course steve jobs didn't really deal much with, because he said, look, should pay a premium for our product because it is so unique, it is so inventive and so break through and people were willing to do it. doesn't that bring down the brand for a bit, if you go from the mid-range from the top range? doesn't it pull the brand down and you're competing with hundreds of other companies instead after couple? >> the key like any company they're at a point where i think they have to segment the market. tough do that very carefully when you start at the high end. if they go mid-range they will have to reduce some features and functionality of those phones but still continue to invery nate and bring innovations to the high end of the market and mid-range. liz: what about doing something exciting? you're already there. >> we're on board. liz: people are saying where is the dividend? where is the share buyback? where is the acquisition? where is the use of that cash? >> for instance, you're right there is latent value in capi
. they have an 8% dividend hike. back to you. connell: we will be back at the top of the hour. thank you steve for the president loves drones. the judge andrew napolitano has questions on how he wants to use them. connell: if you want to make some money on the whole drone discussion, here is a look at the stop plate in and of that sector. we will bring the judge in here next. you do not want to miss that. ♪ dagen: a confidential justice department memo came by nbc and revealed that the u.s. government can order the killing of any american citizen believed to be associated with al qaeda. connell: judge andrew napolitano is here. your take on what we have been hearing about drones and the legality of them. >> federal judges and ordinary citizens have been seeking the legal research on which the government has relied that they can kill if they are in harm of national security. suddenly, it shows up in an nbc newsroom earlier this week. they really have made fools of the judges who spent hours and days and weeks struggling over the laws involved here. the document itself is breathtaking and chil
Search Results 0 to 25 of about 26 (some duplicates have been removed)